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We scan thousands of stocks to find breakouts, price reversals, and stocks that are surging in price. These patterns are very attractive to traders. Stocks that have just had a breakout have overcome overhead resistance. Investor interest in them is very high. This means here are enough new “believers” in the stock to more than buy up all the shares being sold by those wanting to get out at the area of “resistance.” For that reason, breakouts attract attention and even more buyers. Prices often accelerate or surge on a breakout.